The Week End Report.
This is really disturbing. It seems Ohio is trampling on its own state constitution in order to keep Federal money flowing to its coffers. But the issue is that the cost of the new law would far outstrip any amount of money the state would be eligible for from the Fed, some law enforcement authorities say.
The controversy is so big that there are judges in some of Ohio's counties that refuse to enforce the law. They issue stays from their bench as cases reach their courtrooms. It also looks like there have been over 80 civil challenges to this new law since it too effect back on Jan 2, 2008.
It is a law rewritten in order to comply with the Federal Adam Walsh Child Safety Protection Act. This law in and of itself is a huge constitutional bug a boo. But Ohio is taking this law a step further. It seems that this law would also be retroactive. This means that if a deal was made prior to this law and you did what you were called to do under the old law, you can forget it. That deal would be thrown out, you would still be convicted under the old law but would now have to abide by the new law no matter what your previous deal was. It could mean that if you were a juvenile sex offender, you would have to register for life.
It could be that if you followed the law and bought a home in a “legal” area under the old law, you may be forced to move under the new law. It could mean that if you bought some porn, you could be arrested and convicted of pandering and then would have to have special license plates for you car, have to register as a sex offender and would be barred from living in many places in the state and would have to get permission before you could move out of the state. Just for buying some porn?
Even I have to agree with the ACLU on this one. Even some child protection groups are working with the ACLU to fight this law. Its ridiculous. It tramples on individual rights. It crushes the state constitution. It enacts retroactively and it slaps the US Constitution to the curb. This is a bad law period and its a threat to individual liberty in all states.
Read more about it here:
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It looks like the Tax Rebate is a done deal. The main problem with this thing is that people who do not pay any taxes are getting a "rebate". Now that is like you walking into a Best Buy, picking up a rebate form for buying a big screen LCD TV and sending it in without ever buying the TV.
Its not a rebate, its a redistribution of wealth and you and I are all paying for it. Not to mention such a tactic is really unlikely to boost the economy. If it is a good idea to let the American people keep more of their money to keep the economy going now, why is not just plain good policy to let the American people keep more of their hard earned money all the time?
Find out if you qualify and how to qualify for this rebate. By the way, of course I am going to keep my rebate and probably invest it instead of spend it willy nilly.
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The housing slump. This is not a crisis. More than 95% of mortgages out there are being paid. So that means less than 5% are in some form of default. Now there are two ways to get out of this mess for that 5%. First, you bought the dang house now pay for it. Doesn't matter that you may have to give up lattes at Starbucks. Pay for the house. Whatever happened to personal honor and integrity when putting your signature on a note?
Second, you banks out there know what a mess you help create so why not buck up and go to the table and help those people in trouble. You will save yourself a lot of money in the end. You will protect your profits in the end. And you will keep the market from being flooded with empty homes which only drags down the value of all homes in that area. Think about it.
A bonus third. Keep the Fed out of it. They will only screw things up and make things worse. When was the last time the Fed was able to directly help a poor situation? Exactly, never. Let the market correct its mess. Don't bog down the industry with more regulation, how will that help? Stay out of it. Job growth is still there. Unemployment is still low. The economy is not in a recession or a tailspin so don't force it down the tubes. Let it be and it will work itself back to health in a few years.
In the mean time...people pay your bills. That will do more to help the economy than anything else the Fed can do.
Stumble It!
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